Potnetwork Holdings Inc. (fka POTN)

[tedpeele]

actually their debt it fine. The problem is that it is being converted at something like .0001 a share despite the fact that they are net cash flow positive - IOW someone is making a killing at the expense of shareholders.

The same could happen here. It all depends on how the company is handling the debt - what are the terms and is the company paying it off in cash or not. I didn't see anything on the filings that answers the question, but the shares went up by 49m in the recent quarter according to filing. That's a HUGE increase - reminds me of UBQ*. Concerning.